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SINIC HOLDINGS
Explained: Why China's crumbling real estate sector has the world on edgeAcross China, real estate developers are getting desperate - attempting to sell homes by whatever means possible, even going as far as acce...- China property protests threaten to dent $220 bln of banks' mortgage loansThe widening home buyer protest in China adds to the woes for the country's property sector, which accounts for a quarter of the economy, a...
- China: Crunch time for Evergrande as unit sale collapsesMeanwhile, the broader Chinese property sector has come under pressure, with new-home prices falling for the first time in six years in Sep...
- Looming Evergrande bond coupon payments intensify contagion fearsSmall developers Modern Land and Sinic Holdings were the latest scrambling to delay deadlines, after Evergrande and Fantasia missed their p...
- China property sector default woes deepen amid Evergrande uncertaintyEvergrande requested a halt in the trading of its shares pending an announcement about a major deal. Evergrande Property Services Group als...
- Evergrande crisis shows cracks in China’s property marketChina’s Evergrande Group, the embattled property developer whose towering debt has set off panic in global markets, is buckling under the w...
- S&P downgrades Chinese developer Sinic due to unclear repayment plans"Sinic had previously prepared to remit funds offshore to repay its $246 million senior notes due Oct. 18, 2021, with its unrestricted cash...
- Evergrande a clear & present danger for metals, chemicalsThe selling of metal, steel, iron ore and chemical stocks that started in the middle of last week intensified on Monday. Tata Steel, Jindal...
- Chinese property magnate loses $1 billion in Evergrande panicZhang Yuanlin, chairman of Sinic Holdings Group, saw his net worth drop from $1.3 billion Monday morning to $250.7 million by the afternoon...
- Evergrande effect! Chinese property developer Sinic shares tank 87% today, trading haltedShares of Sinic holdings fell 87 per cent to hit a low of 0.50 Hong Kong cents. Sinic Holdings is an investment holding company, which alon...
- View: A new world of collisions is shaping up and New Delhi must read it rightThere’s a fundamental problem when a mercantilist power like China is admitted into a global order premised on open markets and free trade,...
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